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Reference.org
EFTPOS
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<p>Electronic funds transfer at point of sale, abbreviated as EFTPOS , is a type of payment transaction in which electronic funds transfers (EFT) are processed at a <a href="/facts/Point_of_sale/DwUHVn2v">point of sale</a> (POS) system or <a href="/facts/Payment_terminal/JXwU0RPd">payment terminal</a> usually via payment methods such as <a href="/facts/Payment_card/m5MvC4vG">payment cards</a> (<a href="/facts/Debit_cards/A9C9sNeB">debit cards</a>, <a href="/facts/Credit_cards/7pKSB5LD">credit cards</a> or <a href="/facts/Gift_cards/wf2SvhuF">gift cards</a>). EFTPOS technology was developed during the 1980s. </p>